• Implementation of Pre-Execution Communications and Block Trading in all CME and CBOT Agricultural Futures & Options Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-8026
      • Notice Date
      • 02 November 2017
      • Effective Date
      • 07 January 2018
    • Effective Sunday, January 7, 2018 for trade date Monday, January 8, 2018, and pending all relevant CFTC regulatory review periods, Chicago Mercantile Exchange Inc. (“CME”) and The Board of Trade of the City of Chicago, Inc. (“CBOT”) (collectively, the “Exchanges”), will permit block trading in all Agricultural futures, options, outrights, spreads and combinations (the “Contracts”) pursuant to the requirements of CME and CBOT Rule 526. (“Block Trades”); add the R-Cross protocol for CME and CBOT futures and CBOT options at all times pursuant to the requirements of CME and CBOT Rule 539.C. (“Pre-Execution Communications Regarding Globex Trades”); and add the G-Cross protocol for all CBOT Agricultural futures pursuant to CBOT Rule 539.C. (collectively, the “Rule Amendments”).

      Questions regarding this notice may be directed to:

      Steven Stasys

      312-648-3822

      Steven.Stasys@cmegroup.com

      Robert Sniegowski

      312-341-5991

      Robert.Sniegowski@cmegroup.com

      Erin Middleton

      312-341-3286

      Erin.Middleton@cmegroup.com

      Charles Piszczor

      312-930-4536

      Charles.Piszczor@cmegroup.com

      Fred Seamon

      312-634-1587

      Fred.Seamon@cmegroup.com

      For media inquiries concerning this Special Executive Report, please contact CME Group Corporate Communications at 312-930-3434 or news@cmegroup.com.

      Please click here for PDF of SER-8026.